East Coast bulk scrap prices trek up

Nov 04, 2013 | 05:14 PM | Sean Davidson

Tags  scrap, scrap exports, ferrous scrap, scrap prices, export prices, heavy melt, shredded scrap, HMS Sean Davidson

NEW YORK — East Coast export prices for bulk ferrous scrap shipments to Turkey continued to rise over the past week, after one sale in the middle of last week helped delivered prices record a $26-per-tonne increase through October.

The cargo, the lone East Coast sale, was booked Oct. 30 at $395 per tonne c.i.f. Turkey for an 80/20 mix of No. 1 and No. 2 heavy melt and $400 per tonne for shredded, although a second exporter traded another cargo out of Houston at around $400 per tonne for HMS 1&2 (80:20), sources said.....

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